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MRO Reports Third Quarter 2021 Results
Marathon Oil Publishes its 2020 Sustainability Report
As we produce the energy the world needs, we're working to further the environmental, social and governance (ESG) progress of our business.
We share our ESG performance on an annual basis in our Sustainability Report with a focus on verifiable data, and examples of how we advance our business while living our values across all operations. This report demonstrates our accountability for addressing risks and running a responsible, safe and ethical business.
Marathon Oil’s Proactive Steps to Prepare for Cold Weather in Texas
With oil and natural gas exploration and production activities across the United States, Marathon Oil is no stranger to preparing our operations to run efficiently in cold weather. Each year from South Texas to North Dakota, our skilled teams prepare for freezing temperatures, sleet and snow and continue to deliver our piece of the energy supply chain.
MRO Establishes New Greenhouse Gas Emissions Intensity Reduction Targets
At Marathon Oil, we believe our industry must address the dual challenge of meeting the world’s growing energy demand while responding to the impacts of climate change. That’s why we announced a short-term target to reduce greenhouse gas(GHG) emissions intensity 30% in 2021, and a mid-term goal to reduce GHG emissions intensity by at least 50% by 2025.
Marathon Oil’s Pathway to Achieve Emissions Reductions
At Marathon Oil, we acknowledge the role we play in progressing global climate goals and believe our role requires a strategic and pragmatic commitment to innovative solutions for environmental progress. To support our belief, we recently announced new quantitative greenhouse gas (GHG) emissions reduction goals.
MRO Announces GHG Emissions Intensity Reduction Initiative and Exec Comp Changes
Marathon Oil Corporation announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new quantitative greenhouse gas (GHG) emissions reduction initiatives. The Company believes continuously improving all elements of its ESG performance is essential to successfully executing its long-term strategy of maximizing shareholder value, including the delivery of strong financial returns and sustainable free cash flow while maintaining a solid balance sheet and returning capital to shareholders.
U.S. Resource Play Focused
